Nigeria’s big tax gamble is great in theory but people are already checking their pockets - News Summed Up

Nigeria’s big tax gamble is great in theory but people are already checking their pockets


What has the Nigeria Revenue Service ever done for her that the National Union of Road Transport Workers hasn’t done better (or worse)? While the new Nigeria Tax Act rightly raised the threshold for small companies, it also sparked panic over the possible reintroduction of physical tax stamps on goods. As the Manufacturers Association of Nigeria rightly said, this would be a costly, bureaucratic nightmare that “could erode the gains of the Nigeria Tax Act 2025”. Success won’t be measured in quarterly revenue reports from the Nigeria Revenue Service. Nigeria’s tax gamble, informed by data but challenged by history and instinct, is the gritty, complicated, and deeply fraught front-page story.


Source: The Guardian January 09, 2026 09:15 UTC



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